Hotel Okura Co, Ltd announced it will open The Okura Prestige Phnom Penh, a luxury hotel to be built in Cambodia’s capital, Phnom Penh, in 2019. Hotel Okura has signed an agreement to manage the hotel with TEHO Development Cambodia Pte Ltd., a subsidiary of TEHO International, listed in Singapore. It will be the first luxury hotel in Cambodia managed by a Japanese hotelier.
The hotel will be part of The Bay, a new residential and commercial complex, with an estimated value of over US$ 500 million, ideally located on the Chroy Changvar Peninsula between the Tonle Sap and Mekong Rivers, the fast-growing capital’s new hot spot. Expected to be the tallest building in Cambodia, the 45-story hotel will offer an expansive view of the city and the Royal Palace across the Tonle Sap River. It is 17 kilometers (10.6 miles), or a 20-minute drive, from the Phnom Penh international airport. There are plans for new bridges to connect the peninsula with the city center.
Occupying approximately 34,000 square meters (365,973 square feet), the hotel’s plans include about 250 rooms, Japanese and other dining facilities, a rooftop bar, meeting/banquet rooms, a spa and an outdoor pool. It will offer state-of-the-art amenities and Okura’s impeccable service, emphasizing Japanese hospitality.